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Bitcoin (BTC) Rally Puts Focus on Futures Market Quirk That Underscores Need for Spot ETFs

by Index Investing News
July 6, 2023
in Cryptocurrency
Reading Time: 1 min read
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The cryptocurrency topped $31,000 late last month, reaching the highest in a year. With the rally, the spread between prices for the Chicago-Mercantile Exchange (CME)-listed July futures contract and the now-expired (the-then front-month) June futures contract exploded to nearly $500, the highest gap since the bull market days of late 2021, according to data from charting platform TradingView.



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Tags: bitcoinBTCETFsfocusfuturesmarketPutsQuirkrallySpotunderscores
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